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ProSiebenSat.1 repays EUR 900 mln of loans early using promissory note proceeds

Monday 11 October 2021 | 10:11 CET | News
German broadcaster ProSiebenSat.1 said it has repaid EUR 900 million of its existing loans from its senior facilities agreement with banks earlier than planned. The repayment will reduce the group's loans from EUR 2.1 billion to EUR 1.2 billion, most with maturity in April 2024. ProSiebenSat.1 repaid the loan using proceeds from a new promissory note issued at the beginning of October totaling EUR 700 million with terms of four, six, eight and ten years.

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Categories: Broadcast & Satellite
Companies: ProSiebenSat.1
Countries: Germany
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